Practice Areas

Denver 401K And Pension Plan Attorney

Colorado Attorney Representing Employers And 401K Plan Sponsors

Shaw Law represents employers — including corporations and other for-profit businesses, nonprofit organizations and government entities — who sponsor 401(k) and pension plans. Founding attorney Ralph W. Shaw has more than 25 years of legal experience handling a range of compliance, tax, planning, IRS, DOL, PBGC audits and fiduciary matters for clients in the Denver area, as well as throughout Colorado.

IRS Correction Programs

When administrative and compliance errors occur in retirement plans, employers are given three correction options: the Self-Correction Program (SCP), the Voluntary Correction Program (VCP) and the Audit Closing Agreement Program (Audit CAP). Each option is applicable in different circumstances and has its own implications, sanctions and process. Attorney Shaw has helped clients through all of these IRS correction programs, and he provides valuable legal counsel and representation throughout the process.

IRS correction programs

Managing Fiduciary Duties And Risks

Every decision made by fiduciaries brings exposure and risk. Shaw Law helps pension plan and 401(k) plan sponsors and employers manage these risks through counsel, development of best practices, analysis of risk, management of claims and inquiries from plan participants and beneficiaries, and related matters.

Managing risks and fiduciary duties

Plan Operation Audits By The Government

Plan operation audits by different governmental agencies such as the IRS, Department of Labor, and the Pension Benefit Guaranty Corporation are distinct from the large-plan CPA audit of plan assets. Plan operation audits usually occur at random or result from line items on the Form 5500 or complaints from 401(k) or pension plan participants. At Shaw Law, attorney Shaw represents clients in all aspects of plan operation audits from the IRS, the Department of Labor and the Pension Benefit Guaranty Corporation. This service includes preparation for the audit, counsel and representation of the employer sponsoring the plan, and negotiation with the government regarding issues that arise.